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African Development Bank Group (AfDB)

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    • Africa Investment Forum 2024: Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa's energy transition
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2024: Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa's energy transition

The announcement was made at a thematic boardroom session showcasing innovative funding structures to accelerate Africa's energy transition

The Sustainable Energy Fund for Africa (SEFA) recorded a new milestone at the Africa Investment Forum 2024, with the announcement of Japan as its newest contributor, expanding the Fund’s donor base to 11 and strengthening its capacity to support crucial energy projects. The announcement was made at a thematic boardroom…

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    • The project involves the design, construction, operation, and maintenance of a greenfield wind farm divided into two sites, located along the Gulf of Suez
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Source: African Development Bank Group (AfDB) |

Egypt: African Development Bank Approves $170 Million for Egypt’s Largest Wind Energy Project

The Bank’s financing is in addition to financing expected from a consortium of Development Finance Institutions (DFIs), banks, and financial institutions

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind energy initiative. The total project cost is estimated at $1.1 billion. The Bank’s financing is in…

African Development Bank Group (AfDB)
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Zambia: African Development Bank’s Sustainable Energy Fund for Africa approves $8 million for development of 25 MW Solar Plant

Serengeti Energy Ltd and Western Solar Power Ltd are leading the plant development in Zambia's Sesheke District

The African Development Bank Group’s (www.AfDB.org) Board of Directors has approved an $8 million concessional loan to support the construction of a 25MW Solar Photovoltaic power plant in Zambia. The financing for the Ilute Plant will be sourced from the Sustainable Energy Fund for Africa (SEFA), a multi-donor Special Fund managed…

African Development Bank Group (AfDB)

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    • The electricity highway between Ethiopia and Kenya represents a technological advance for electricity transmission
    • The project is a model of sustainability, allowing better integration of wind power, Solar and hydroelectricity into regional networks
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Source: African Development Bank Group (AfDB) |

East Africa: The Ethiopia-Kenya Electricity Highway is Shaping Regional Connectivity with the Support of the African Development Bank

This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy

The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East Africa. It is more than a piece of infrastructure, it is an economic and environmental entity, connecting not just power grids but nations and…

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    • Dr Kevin Kariuki, Africa Development Bank Vice President for Power, Energy, Climate and Green Growth
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Ninth Africa Energy Market Place (AEMP) held in Dar es Salaam ahead of key Africa Heads of State Energy Summit scheduled for 28 January in Tanzania

The summit will convene heads of state and government, ministers, international and regional organisations, and other partners, including the private sector

Further to an April 2024 pledge by the Presidents of the African Development Bank (www.AfDB.org) and the World Bank to bring electricity access to 300 million people in Africa by 2030, the Tanzanian port city of Dar es Salaam has been selected to host an Africa Heads of State Energy…

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    • On-site production of oxygen is saving the lives of newborn babies at Gitego general hospital
    • Franck Arnaud Ndorukwigira, doctor and deputy director of Gitega regional hospital, leads a tour of the wards
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Source: African Development Bank Group (AfDB) |

Burundi: Electricity from the Rusumo Falls power station, built with support from the African Development Bank, is saving the lives of hospital patients and premature babies

Cheap and reliable hydroelectric supplies mean that the Gitega hospital can spend more money on medical equipment and hospital teams can focus on saving lives

“One day, in the operating theatre, there was a power cut́ in the middle of a laparotomy [opening of the abdomen] for a case of pelvic peritonitis. We had to finish the operation using a torch. It was very hard.” Dr Franck Arnaud Ndorukwigira, doctor and deputy director at Gitega…

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    • Joseph Ribeiro, the African Development Bank’s Deputy Director General for West Africa (middle), during his visit to the Singrobo-Ahouaty hydroelectric power plant
    • In Yamoussoukro, the Bank delegation visited numerous facilities currently under construction, under the auspices of the Bélier Region Agro-Industrial Cluster Project (2PAI-Bélier)
    • In Toumodi, the 2PAI-Bélier team made a point of immortalising the Bank Group delegation’s visit
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African Development Bank’s High Impact Projects Transform Côte d'Ivoire’s Energy and Agriculture Sectors

The project, 80 percent financed by the African Development Bank with a $121 million investment, is 85.7 percent complete since its launch in 2018

During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s (www.AfDB.org) Deputy Director General for West Africa, expressed his satisfaction with the progress of two high-impact projects funded by the Bank Group that are set to revolutionize the country’s energy and agricultural landscapes.  Ribeiro’s…

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    • Standing in front of his oven, baker Pierre Gbenou Tito Dossou makes full use of the electricity supply
    • Electricity pylons have been installed in urban areas of Benin to connect numerous households to the power grid
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Source: African Development Bank Group (AfDB) |

From darkness to light: Local bakeries and homes flourish under Benin’s new urban electricity project

The project is funded by the African Development Fund, the concessional window of the African Development Bank Group, which provided a $9.08 million loan and a $7.28 million grant

The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou’s bakery in Okoun-Sèmè, Benin, as the once energy-starved business now hums along smoothly. Orders for bread, croissants, and chocolate pastries are met on time, a feat Dossou attributes to a newly stable power supply. “I struggled…

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    • With the approval of €6 million from SEFA for the Dédougou Solar Project, Burkina Faso is set to benefit from enhanced energy access, powering development and bringing clean, reliable electricity to communities under the Desert-to-Power initiative
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Source: African Development Bank Group (AfDB) |

African Development Bank Group’s Sustainable Energy Fund for Africa approves €6 Million for Desert to Power - Burkina Faso Solar Project

Burkina Faso is one of five priority countries under the Desert-to-Power initiative, which aims to generate 10 gigawatts of solar power across 11 Sahelian countries by 2030

The African Development Bank Group (www.AfDB.org) has approved a €6 million concessional financing package from the Sustainable Energy Fund for Africa (SEFA), a special multi-donor fund managed by the Bank, to accelerate the completion of Burkina Faso’s Dédougou photovoltaic solar project in support of the Bank's Desert-to-Power initiative (https://apo-opa.co/3XKXpwG). The project…

African Development Bank Group (AfDB)
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At United Nations General Assembly (UNGA 79), African Development Bank affirms standing as champion of Africa’s prosperity

The 2024 meetings take place against a backdrop of growing concern about the ability to meet critical targets outlined in the Sustainable Development Goals (SDGs) agenda

As the world convenes in New York this week for the United Nations General Assembly (UNGA 79), Africa’s 1.2 billion people will be counting on their participating leaders and pan-African institutions like the African Development Bank Group (www.AfDB.org) to lead the charge on matters critical to the continent’s sustainable development…